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Agree, and to your point I have read and watched most of the latest interviews given by Holmes. In no place she claims that Theranos is using blood collected in
by achow 11y ago
Agree, and to your point I have read and watched most of the latest interviews given by Holmes. In no place she claims that Theranos is using blood collected in nanotainers (non-venous blood or finger prick blood) for assay (component detection) using traditional diagnostic equipments.
Theranos uses non-venous blood for their proprietary tests (currently only 1 test) and rest 99.9% (figuratively speaking) tests uses venous blood in traditional diagnostic equipment.
Back to the same question - If almost all of their tests are done using traditional equipments, then why $9B valuation?
- JoeAltmaier 11y agoSeem overvalued. But valuations are on future value. So if they could get their test through the mill, what would they be worth? Multiply by your estimate of their chances. Probably << $9B